Virtual menopause care company nabs $50M round

Virtual menopause and perimenopause care company Midi Health has raised $50 million in Series C funding. The California-based company, founded by CEO Joanna Strober and Sharon Meers in 2021, had previously announced a $63 million round involving several celebrity investors, including Amy Schumer, Connie Britton, Brandi Chastain and Sheryl Sandberg. The company notes that nearly 30% of the female population in the United States is over 35, and that 75 million women are currently perimenopausal, menopausal or postmenopausal. The women’s health care market is estimated at $600 billion.